Countries - page 28

Estonian cleantech Efenco closes €4.5M round for slashing carbon emissions

Tallinn-based Efenco, the cleantech startup that aims to accelerate the transition to low carbon technologies, has closed a total of €4.5 million, led by Ivo Remmelg for EstBAN Syndicate and grants from the EU’s European Innovation Council, it informed AIN.Capital. The funds

Finland’s Resistomap secures €2M in funding for its biosecurity intelligence platform

Resistomap, a Helsinki-based biotech startup, has secured €2 million in seed funding led by Ananda Impact Venture and Gaingels, supported by Business Finland‘s grant. The round will help to advance their efforts in combating antimicrobial resistance (AMR). “This funding comes at just the right

Underline Ventures closes its $20M first fund

Bucharest-based Underline Ventures, a fund launched by How To Web founder Bogdan Iordache, has announced the closing of its first fund at $20 million, The Recursive reports. In 2022, AIN.Capital wrote about the launch of the Underline Ventures first fund.

Startup of the Day: Lithuanian Micapass, a regulatory technology startup

Founded by Gintarė Košubienė and Justas Rožėnas, Micapass is a Vilnius-based regulatory technology startup that develops a crypto compliance tool to prevent criminals. In October this year, it secured a €240,000 investment from SUPER HOW? and FIRSTPICK. The Micapass’ solutions enable the

Petcube launches an updated Cam 360, priced at $53

Ukrainian company Petcube has launched a new generation of compact cameras for animals, Petcube Cam 360. This was announced by the company’s co-founder Andrii Klen. “The previous Cam broke all sales records, but most importantly, it helped people take better

Estonian AI startup Fyma secures $2.1M investment from Quandri Ventures

Estonian AI startup Fyma has secured $2.1 million in an investment round led by Quandri Ventures with participation from Second Century Ventures, Startups Magazine reports. “Fyma stands at the forefront of AI automation, delivering fresh insights to global property and

Ukrainian entrepreneur challenges traffic fine with AI and wins a 75% reduction

When Oleksandr Gamaniuk, a Ukrainian tech entrepreneur currently residing in the U.S., received a speeding ticket, he was faced with a complex challenge. With no previous knowledge of how to fight fines and awareness that lawyers could charge a hefty

Estonian biotech ÄIO receives a €30k Tech Validation award

Tallinn-based biotech startup ÄIO has received a €30,000 Tech Validation award at the EIT Food Accelerator Network event. This award will help with further product development. Earlier this year, ÄIO raised €1 million to increase the production capacity of alternative

Finland’s Moflix closes $3.1M round to accelerate Web3 adoption

Moflix, a startup that provides telecommunication solutions, has announced the raising of a $3.1 million seed funding round led by The Hashgraph Association. The funding will be used to refine and extend its Web3 offerings.  “At Moflix, we aim to build the most

Finnish cleantech SpinDrive raises €3.8M to cut down on industrial energy waste

SpinDrive, a Finland-based cleantech company, has raised a €3.8 million Series A funding round. Rhapsody Venture Partners led the round, with Innovestor and Born2Grow also participating, EU-Startups reports. “Climate change is the biggest challenge of our time, but we often